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Edmond Home Sales Set Record for November

Once again the figures for home sales in Edmond show that we are having a record year for home sales – the best in Edmond since 2007. My good friend and colleague Brian Preston published his Preston Report for November and it shows home sales in Edmond were up over 40% for November 2012 versus November 2011. The figures show 300 closings in Edmond for November 2012 versus 213 for November 2011. Total sales through November were up over 18% year to date for 2012 over 2011, and has already surpassed our best year ever of 2007. As of the end of November, we have closed 3,752 homes year to date in Edmond compared to 3,739 YTD in 2007, our best year ever prior to 2012. Even more impressive, in 2007 we had total sales volume of $875 million in home sales for the entire year. So far in 2012 through November, we have already seen over $937 million in sales!

With the continued low interest rates, the continued strength of the oil and gas industry, and the continued growth of Tinker Air Force Base, we expect 2013 to be even better than 2012. If you have been sitting on the fence about selling your home in Edmond, now is the time to get off the fence and get your house listed with us.

Preston Report November 2012

Posted in: News Tagged: Buyers, Edmond

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RE/MAX Platinum
19 North Broadway
Edmond, OK 73034
Office: 405-348-6700

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